Calling all accountants! Accounting jobs are one of the fastest growing occupations in the country. In fact, the Bureau of Labor Statistics projects the need for accountants and auditors to grow 10 percent from 2016 to 2026 — speeding past the average rate for all occupations by 3 percent.
“In general, employment growth of accountants and auditors is expected to be closely tied to the health of the overall economy,” BLS states. “As the economy grows, more workers should be needed to prepare and examine financial records.”
Century Group’s 2018 Compensation Report lists the most in-demand accounting and finance roles, and explains their expanding importance in the professional world.
We are seeing the highest demand for accountants at the senior level. Demand is especially high for professionals with a CPA license and 2-plus years of experience.
These continue to be the crucial roles for expanding companies. The increase in scrutiny and compliance requirements make these key management roles.
Demand for internal auditors remains strong in private industry as companies deal with increased regulatory and compliance requirements. The demand for auditors at CPA firms has expanded dramatically as these firms respond to increased client activity. The CPA designation remains the most in-demand in the audit profession.
As with the other roles on the list, the demand for senior financial analysts is greater than the supply at present. The most in-demand position is the Senior Financial Analyst with an MBA and five-plus years’ experience in private industry or leading management consultancies.
As the economy has improved, we’ve noted an increase in demand for financial management. Emerging and growing companies are seeking experienced managers to build out the finance function and develop the corporate infrastructure.
We are seeing particularly high demand for accounting professionals that are also Certified Public Accounting (CPAs). Achieving a CPA credential is critical for career advancement in the accounting, finance tax and audit functions. The CPA designation is the most frequently required credential. CPAs with Big 4 accounting firm experience are seeing even higher demand.
A master’s degree in business administration (MBA) continues to be the credential most sought after for senior-level executive and mid-management roles in corporate finance.
Looking to explore accounting and finance roles? Check out our latest accounting jobs and start your search!